Portugal: HiJiffy, a company that specialises in conversational artificial intelligence for hotels, has announced that it has raised €3.8 million in funding.
The funding round was led by Caixa Capital and elevates the amount of investment raised by the company to date to €6.2 million. Caixa Capital was joined by Lince Capital, as well as Portugal Ventures, which had already invested in HiJiffy back in 2020.
In addition to the €2.5 million invested by the venture capital companies, €1.3 million was granted by the European Commission through the Recovery and Resilience Plan [RRP] within the scope of the ‘Accelerate and Transform Tourism‘ agenda, a project composed by 30 leading companies in the tourism sector in Portugal.
The investment will allow the company to enhance and strengthen its presence in the UK, as well as to expand into the DACH region [German, Austrian and Swiss markets]. In addition, HiJiffy will scale its team from 30 to more than 50 employees and launch a new product that promises to “revolutionise” the way in which hotels interact with their guests.
HiJiffy CEO Tiago Araújo said: “Having the United Kingdom, France, Portugal and Spain as our main markets, we currently have over 1,800 hotels in more than 50 countries.”